Boston Beer (SAM) Operating Expenses (2010 - 2026)

Boston Beer (SAM) recorded quarterly Operating Expenses of $404.4 million in Q1 2026, up 101.51% on a QoQ basis from $200.7 million in Q4 2025, and up 118.03% year-over-year from $185.5 million in Q1 2025.

Boston Beer (SAM) Operating Expenses (2010 - 2026) Analysis & Trends

Boston Beer has disclosed Operating Expenses across 17 years of filings, most recently posting $404.4 million for Q1 2026.

  • Quarterly Operating Expenses rose 118.03% year-over-year to $404.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.0 billion (up 23.36% YoY) and the FY2025 annual result came in at $807.7 million, down 1.23% from the prior year.
  • Operating Expenses improved to $404.4 million in Q1 2026, from $200.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $404.4 million in Q1 2026 and troughed at $169.6 million in Q2 2023.
  • A 5-year average of $209.0 million and a median of $195.8 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses retreated 11.71% — and 2026, when it surged 118.03%.
  • Tracing SAM's Operating Expenses over 5 years: stood at $182.3 million in 2022, then dropped by 4.66% to $173.8 million in 2023, then advanced by 24.68% to $216.7 million in 2024, then retreated by 7.39% to $200.7 million in 2025, then jumped by 101.51% to $404.4 million in 2026.
  • Business Quant data shows SAM's Operating Expenses at $404.4 million in Q1 2026, $200.7 million in Q4 2025, and $211.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 United Breweries 4,105.18 Bn 3,586.00 Bn 387.52 Bn -58.25 Bn
2 Anheuser-Busch InBev 143.88 Bn 131.66 Bn 8.61 Bn -4,786.00
3 Ambev 35.18 Bn 31.41 Bn 2.42 Bn -295.42 Mn
4 Constellation Brands 26.02 Bn 25.92 Bn 951.70 Mn 420.50 Mn
5 Mexican Economic Development 19.03 Bn 13.06 Bn - -
6 Molson Coors Beverage 7.85 Bn 7.59 Bn 897.20 Mn 610.00 Mn
7 Boston Beer 1.90 Bn 1.74 Bn 213.96 Mn 404.42 Mn
8 NFiniTi - - - 73,077.00
9 Molson Coors Beverage - - 897.20 Mn 610.00 Mn
10 Anheuser-Busch InBev - - 8.61 Bn -4,786.00

Historic Data

Download Data
DateValue
Mar 28, 2026 404.42 Mn
Dec 27, 2025 200.70 Mn
Sep 27, 2025 211.07 Mn
Jun 28, 2025 210.45 Mn
Mar 29, 2025 185.49 Mn
Dec 28, 2024 216.71 Mn
Sep 28, 2024 234.41 Mn
Jun 29, 2024 195.64 Mn
Mar 30, 2024 170.99 Mn
Dec 30, 2023 173.82 Mn
Sep 30, 2023 213.15 Mn
Jul 1, 2023 195.79 Mn
Apr 1, 2023 169.61 Mn
Dec 31, 2022 182.32 Mn
Sep 24, 2022 219.38 Mn
Jun 25, 2022 194.39 Mn
Mar 26, 2022 175.11 Mn
Dec 25, 2021 172.71 Mn
Sep 25, 2021 248.47 Mn
Jun 26, 2021 195.58 Mn